312 Chalmette Dr 20 Unit Apartment Building $3,309,387 CAD ($165,469 CAD/Unit) Norman, OK 73071

Rare opportunity to purchase a package of 5 well maintained 4 plex buildings approximately 2 miles from the University of Oklahoma. Owner will consider owner financing with 25% down, up to a 30 year AM with a 7 year balloon payment. Interest rate of 5.75%. Each building has 4 2 bedroom, 1 bath units with approximately 975 square feet. Each tenant pays their own utilities, total electric with City of Norman water/sewer/trash. The units feature all kitchen appliances, most have tiled bathrooms and kitchens, washer/dryer hookups, and each has a fireplace. Central heat and air. Many updates over the years including recent new class 4 hail resistant roofs and some have all new windows. Rents are below market so there is room for increased revenue.